Game Over We are witnessing, in real time, policy makers employ a new level of financial activism. Their old toolkit was to lower interest rates to spur economic growth. That no longer works. Hence, they're resorting to radical new tools. There will be consequences -- some intended, some unintended. Now is the time for a rethink of your capital allocation, while markets are high and tax rates are low. Year-to-date, the US money supply is up over 20%, and the Fed’s balance sheet has expanded by 67%. This has helped drive markets higher. The problem is that it makes some formerly "low-risk" investments into high-risk investments moving forward. It is a new game. Investors need to evo
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Frank Byrd and Stephen Korn
- Oct 16
Is Bitcoin Fools Gold?
...be appropriate for their portfolios. Let us know if you’d like to schedule a conversation to discuss this.
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